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IRON ORE PRODUCTION
India’s steel future depends on breaking its costly coal habitIndia plans to significantly increase its steelmaking capacity to support its development goals by 2047. The National Steel Policy proposes...- Vedanta Iron and Steel’s loss narrows on year in September quarterIn the September quarter, Vedanta Iron and Steel reported a consolidated loss of Rs 324 crore despite a decrease in expenses, which fell by...
- US, Brazil and Israel elections put India’s trade worth billions in focusRecent elections in the US, Brazil, and Israel may impact India's trade negotiations and economic partnerships. The US is close to finalizi...
- India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the tablePrime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the I...
- Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
- JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investmentJSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable inve...
- Core output grows at series high of 7.9% in SeptIndia's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, r...
- India’s infrastructure output jumps 7.9% in September on strong coal, steel growthThe latest numbers from the Indian government show that the country's infrastructure output has jumped by 7.9% compared to last year, as of...
- JSW Steel gets relief as Odisha HC quashes Rs 696 crore demand; sets aside Rs 1,473 crore noticeThe Odisha High Court has quashed a Rs 696.32 crore demand against JSW Steel over mineral dispatch shortfalls at its Jajang iron ore block ...
- Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
- New draft steel policy targets 604 million tonnes capacity by 2047India has unveiled a new draft national steel policy targeting 604 million tonnes capacity by 2047. The initiative also aims to increase ex...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
- Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
- SAIL H1 hot metal output 10.2 MT, up 2% on yearSteel Authority of India Ltd has set a new benchmark with a record hot metal production of 10.2 million tonnes for the period of April to S...
- Steel Ministry asks SAIL, NMDC to scout overseas mineral assets for raw material securityThe Steel Ministry has instructed state-run steelmakers SAIL and NMDC to explore overseas mineral assets. This effort aims to secure long-t...
- A-One Steels shares list at 14% premium over IPO price on BSEA-One Steels shares made a strong debut, listing at a premium of up to 14% on the BSE and NSE. The Rs 405 crore IPO was subscribed 12.23 ti...
- From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
- Essar to invest $18 billion in US, build America's largest steel plant in IowaEssar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produc...
- NMDC looks to hit 60 MT iron ore production mark this fiscal: ChairmanNMDC targets sixty million tonnes iron ore production this fiscal year. The company plans to reach one hundred million tonnes by twenty thi...
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